The first five regular numbers, which are white balls, are drawn out of a drum with 69 balls; one Powerball, or red ball, is drawn from a separate drum with 26 balls. Matching all five regular numbers, or white balls, in any order and the red Powerball will win you the jackpot. There are eight other prize tiers in each draw that could win you big bucks as well.

If you don't have a favorite set of numbers you like to play, there is an "easy pick" option that will select the five white balls and the lone red ball for your ticket.

Aside from the jackpot, there are various ways you can win when playing Powerball. And Power Play allows a winner to potentially double, triple, quadruple, or even quintuple the lower-tier prize amounts for just an additional dollar. The extra dollar also automatically boosts the second prize of matching all five white balls in any order from $1 million to $2 million.

The odds of winning the jackpot are 1 in 292,201,338, according to the New York Lottery.